A DAY AT THE COURT

In my last post I stated that Floridians need to form a grassroots movement to challenge the judges and the banks.  Up to now, the judges have been given a free ride.  These individuals are anonymous to the public but these judges are elected official; and, therefore, public officials.  Although these judges are sworn to … Read more

Fannie Mae Update – MERS must NOT be Named as a Plaintiff in ANY Foreclosure Action Ever Again

I smell blood… Foreclosure Actions in the Name of MERS Servicing Guide, Part VIII, 105: Conduct of Foreclosure Proceedings Effective with foreclosures referred on or after May 1, 2010, MERS must not be named as a plaintiff in any foreclosure action, whether judicial or non-judicial, on a mortgage loan owned or securitized by Fannie Mae. … Read more

Full Deposition of Krystal Hall – Security Connections Inc. 400 Assignments a Day

Full Deposition of Krystal Hall – Security Connections Inc Tweet

Columbia Law School Report – National Banks Made Riskier Loans That Worsened Foreclosure Crisis, Study Shows

Preemption Effect “Our research confirms that state consumer protection laws work, but that when one group of lenders is handed a regulatory free pass, they are going to take advantage of it.” Roberto G. Quercia, Director, UNC Center for Community Capital Study Funded by Law School’s National State Attorneys General Program Examines Effect of Federal … Read more

NY Appeals Court Dismisses Lender’s Lawsuit; Says Bank Failed To Strictly Comply With State Anti-Foreclosure Ripoff Law

VIA: The Home Equity Theft Reporter In Brooklyn, New York, The New York Law Journal reports: Failure to give proper notice to a homeowner under New York’s foreclosure fraud law is a defense that can be raised at any time, a Brooklyn appeals court has ruled in a decision of first impression at the state … Read more

Last Call – Homeowner Relief and Housing Recovery Act – ie The Nonjudicial Foreclosure Act for Nonhomestead Properties

Rehash GENERAL BILL   by Civil Justice & Courts Policy Committee and Grady (CO-SPONSORS) Domino; Eisnaugle; O’Toole Homeowner Relief: Creates “Homeowner Relief & Housing Recovery Act”; provides general provisions for nonjudicial foreclosures; provides criteria for notice & knowledge; provides for transactions creating security interest; provides for time of foreclosure; provides procedures, requirements, & limitations before foreclosure; specifies … Read more

A Call to Arms – It is Time to Fight the Banks Now

I am an attorney that has fought this battle against the banks for two years.  Much has changed and much needs to change.  That change can only come from an arm of grassroots Floridians who have chosen to Fight the Banks Now.  If thirty (30%) of the Floridians facing foreclosure would FIGHT — instead of … Read more

Erin Collins Cullaro – Assistant Attorney General? Florida Default Law Group Attorney? OR The Presiding Judge that Forecloses on Your Home?

Again, this is better than a Steven King Novel! On Friday we reported Scandalous – Substantiated Allegations of Foreclosure Fraud That Implicates the Florida Attorney General’s Office and The Florida Default Law Group In where The notary who allegedly administered the expert’s oath and vouched for her signature was Erin Cullaro, a former employee of FDLG … Read more

OCC and OTS Mortgage Metrics Report

SOURCE: OCC Disclosure of National Bank and Federal Thrift Mortgage Loan Data Executive Summary This OCC and OTS Mortgage Metrics Report for the fourth quarter of 2009 provides performance data on first-lien residential mortgages serviced by national banks and federally regulated thrifts. The report covers all types of first-lien mortgages serviced by most of the … Read more

Foreclosure Fraud Fighters Weapon- Motion to Disqualify Counsel

Insert YOUR NAME HERE… by Matthew D. Weidner, Esq. As more and more depositions are being taken of robo signers and other witnesses who appear in foreclosure cases by signing documents, a troubling issue has emerged….conflict of interest by the foreclosure mills that are staying up day and night to push their garbage foreclosure cases … Read more

Whistleblowers Beware – JPMorgan Chase Whistleblower Injured in Suspicious Hit-and-Run

VIA Gata.org 6:39p ET Saturday, March 27, 2010 London metals trader Andrew Maguire, who warned an investigator for the U.S. Commodity Futures Trading Commission in advance about a gold and silver market manipulation to be undertaken by traders for JPMorgan Chase in February and whose whistleblowing was publicized by GATA at Thursday’s CFTC hearing on … Read more

Hamp “Improvements” – Making Home Affordable Program Enhancements to Offer More Help for Homeowners

Today (Friday March 26th) the Administration announced enhancements to the Home Affordable Modification Program (HAMP) to provide additional resources for struggling homeowners.  These changes will provide temporary mortgage assistance to some unemployed homeowners, encourage servicers to write-down mortgage debt as part of a HAMP modification, allow more borrowers to qualify for modification through HAMP, and … Read more

Bill Moyers Journal with Gretchen Morgenson

  March 26, 2010 Even as the ink dries on health care reform, President Obama has turned his attention to another major legislative push — regulating the financial industry. Eighteen months after the most recent financial crisis, reform is finally moving as the Senate prepares to debate Senator Chris Dodd’s bill in the coming weeks. … Read more

Scandalous – Substantiated Allegations of Foreclosure Fraud That Implicates the Florida Attorney General’s Office and The Florida Default Law Group

Pay attention all! We have been sitting on this information for some time now due to ongoing investigations but since the cat is out of the bag here we go… Over at  Matt Weidner’s Blog He reports on the transcript and motion from a hearing held in a Volusia County Courtroom from Ice Legal. Bombshell- … Read more

Principle Foregiveness – Barclays Capital Examines Implications of Bank of Americas “Earned” Forgiveness Plan

Don’t Believe the Hype In yesterdays press release Bank of America stated; Bank of America announced it will look first at principal forgiveness ahead of an interest rate reduction – when modifying certain subprime, Pay-Option and prime two-year hybrid mortgages qualifying for its National Homeownership Retention Program (NHRP) Several enhancements are being made to the … Read more

Who’s Your Daddy 101? by: Nye Lavalle

Pay attention or get an (F) for FORECLOSURE! Nye Lavalle Said: This may sound crude, but it’s the only analogy that’s easy for people and judges to understand. A woman goes to a party or is promiscuous and sleeps with 6 men in a night or week. The following week she is pregnant. There is … Read more

SEC Employees Were Eye”Balling” Porn While Your Economy Tanked

Via Gawker.com Guess this is what it has come to… Over the past two years, more than a dozen Securities and Exchange employees and contractors have tried to view pornography on government computers at least 8,273 times. Here’s what they were looking at while the global financial system cratered. The Washington Times broke the story … Read more

Loan Advance Receivables – What Does a Mortgage Servicer Do?

Loan Advances and Receivables – What Does a Mortgage Servicer Do?  Tweet

Foreclosure Case Killer!- An Allonge Is Not Admissable Evidence of Bank’s Ownership

Via Matthew Weidner’s Blog Across the country, banks are attaching “allonges” to original promissory notes, then using the attached allonge to allege their ownership of the note and their standing to foreclose. The problem for the banks is an allonge is only supposed to be used when there is not sufficient blank space on the … Read more

Class Action – Bank of America Sued by Homeowners for Withholding Federal Bailout Funds

Bank of America Home Loans Date Filed: March 22, 2010 Court: U.S. District Court Location: Seattle Ticker Symbol: BAC Washington homeowners sued Bank of America claiming the lending giant is intentionally withholding government funds intended to save homeowners from foreclosure. Hagens Berman represents plaintiffs in the class-action lawsuit. Attorneys are interested to speak with other … Read more